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    Property profile & analytics

    407 Railroad Ave Allison, IA 50602

    • Office buildings
    • 2,451 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0620523
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 407 Railroad Ave

    Year built
    1900
    Lot size
    0.23 lot acres
    Property size
    2,451 SF
    Property type
    Office buildings
    APN
    625429004
    APU
    625429004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allison
    County
    Butler
    State
    Iowa
    Longitude
    -92.7942
    Latitude
    42.7508

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $624
    $6,300
    $30,080
    $36,380
    -
    $6,300
    $30,080
    $36,380

    Comparable in this City

    • Value Estimation by Request
      3,042 SF

      410 Main St

      OFFICE BUILDING • 3,042 SF
      410 Main St, Allison, IA 50602-7710
      View Details
    • Value Estimation by Request
      1,008 SF

      317 Main St

      PROFESSIONAL BUILDING • 1,008 SF
      317 Main St, Allison, IA 50602-7708
      View Details
    • Value Estimation
      $335,000
      2,880 SF

      503 Main St

      OFFICE BUILDING • 2,880 SF
      503 Main St, Allison, IA 50602-7711
      View Details
    • Value Estimation by Request
      1,200 SF

      250 Main St

      OFFICE BUILDING • 1,200 SF
      250 Main St, Allison, IA 50602-7709
      View Details
    • Value Estimation
      $255,000
      1,152 SF

      1006 7th St

      OFFICE BUILDING • 1,152 SF
      1006 7th St, Allison, IA 50602-7732
      View Details
    • Value Estimation by Request
      2,376 SF

      320 Main St

      OFFICE BUILDING • 2,376 SF
      320 Main St, Allison, IA 50602-7708
      View Details

    Similar Nearby for Sale

    • $37,500
      0.90 Acres

      Prime Corner Lot in Allison

      0.9-acre corner lot with highway access and high visibility.
      21908 Highway 14, Allison, IA 50602
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    • $228,480
      16.32 Acres

      Productive Farmland in Butler County

      16.32 acres of highly productive farmland for sale.
      Marsh Ave, Allison, IA 50602
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    • $228,480
      16.32 Acres

      Productive Farmland in Butler County

      16.32 acres of highly productive farmland for sale.
      Marsh Ave, Allison, IA 50602
      View Details
    • $228,480
      16.32 Acres

      Productive Farmland in Butler County

      Highly productive farmland opportunity near Allison, Iowa.
      Marsh Ave, Allison, IA 50602
      View Details
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    407 Railroad Ave
    Allison, IA 50602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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